EnviroGold Global Limited announced the successful completion of initial test work for a nickel tailings project with a major global mining company. The initial test work, conducted by dedicated team of experts, in conjunction with SGS Lab in Vancouver, focused on optimizing nickel, copper, cobalt, and PGM recovery processes from nickel mine tailings, a byproduct of previous mining operations. The results demonstrate a step change in efficiency in extracting critical metals from these waste materials.

The test results confirmed excellent liberation of critical and precious metals using EnviroGold Global's proprietary hydrometallurgical process and support moving towards phase 2 testing. The company reported the initial test results on a leach of floating concentrate showed a solid oxidation rate and recovered relatively high levels of metals - Ni (76.5%), Cu (63.4%), Co (80.1%), Pt (1.09 g/t), Pd (0.57 g/t). The head grade of the floating concentrate that went into the initial tests averaged 0.97% Ni, 0.45% Cu, 0.24% Co, 1.60 g/t Pt and 0.57 g/t Pd.

The Company expects to further optimize these results in the phase 2 test work while also looking to recover iron ore and sulphur from residue. Phase 2 testing is expected to be completed in first quarter 2024. With success in phase 2, work will start on pre-pilot plant testing.